Question
Lake sales had $3,000,000 in sales last month. the contribution margin ratio was 40% and operating profits were $200,000. What is Lake's breakeven sales volume?
Lake sales had $3,000,000 in sales last month. the contribution margin ratio was 40% and operating profits were $200,000. What is Lake's breakeven sales volume?
A. $2,500,000
B. $1,800,000
C. $1,200,000
D. $2,800,000
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Cost Accounting
Authors: Edward B. Deakin, Michael Maher
3rd Edition
0256069190, 978-0256069198
